00:00It's Benzinga bringing Wall Street to Main Street.
00:02Tesla shares a plunge 44% in 2025, raising hundreds of billions in market value and
00:07generating $11.5 billion in profits for short sellers, according to Ask3 Partners.
00:12CEO Elon Musk's controversial role in Trump's administration has fueled international backlash
00:17and boycotts, probably due to announce a reduced role starting in May.
00:21Musk defended his efforts to reduce government waste,
00:23worrying that Tesla's fate is tied to the country's.
00:26He also voiced opposition to Trump's rising tariffs,
00:28which threatened higher costs despite Tesla's U.S.-based production.
00:32Musk remains upbeat, promoting future plans for affordable EVs and robo-taxis,
00:37despite a grim corner.
00:38For all things money, visit Benzinga.com slash GSTV.
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